I see a bull flag. Wait for a breakout and enter when it does. Remember to adjust your stoploss to ATR SMA 20 every now and then. I am going pretty new to trading just to let you know.
Bull Flag formation with low volume following volume spike. Price consolidation. Technicals shaping up nicely for a good run. Just a thought..
Analysis of the chart shows that BYND has two waves already. Wave 2 did not come down to .618 but wave 4 perfectly bounced off of the .618 trendline. Bull flag is clearly formed by the 205 run up that wsa recenty had. Bull flags most commonly form in the 4th Wave consistent with the chart. It appears BYND is breaking out of its flag and starting its 5th wave.
ZOM broke out of a 22 months resistence @ 0.50 with a Breakaway Gap on 11 Jan (after some stealth accumulation for 2 months prior). Breakqway gaps occurs at the start of a trend and do not get filled (until one fine day when the stock finally turned bearish). The stock has been trending nicely since, with a bull flag consolidation in the past few weeks before...
A nice bull flag has formed on BA. I will continue watching price action and look to buy on breakout.
ETSY seems to be forming a bullish flag on the 4H time horizon. The company saw a huge run toward the end of 2020, and has recently sold off amongst the broader market. Now that we are in another bullish tape, ETSY looks ripe for a rebound and a test of former highs. Fundamentally, the ecommerce business should continue to see buying in the current growth +...
little bit more volume than we need as well as starting H/S on 1H, nothing is perfect but this should work out
We could still see a mid-20k dip before the pump. Potential cup and handle with a test at 48k Stay Frosty!
Measure Rule for price targes: Compute the height from the start of the price swing to the end of the price swing and then multiply it by the above “percentage meeting price target.” Add it (upward breakouts) to the bottom of the flag or subtract it (downward breakouts) from the top of the flag to get the price target. Also from Tom Bukowski: "If the flag...
Bitcoin has clearly broken out of this Bull Flag and if the close on 1/31/2021 stays above the flag the price should continue North. There are a lot of opinions out there with all that is going on but I'm sticking to my faith in where Bitcoin is ultimately going. Since Michelle Saylor thinks the same way I believe I am in good company. This next coming week...
Hello Traders, Firstly, we can see a nice bull flag structure shaping up here on the AUDJPY and the AUDUSD. The EURAUD also looks like a potential SELL opportunity. We can see a nice 5 wave structure higher followed by an ABC correction, this suggests we could be entering the next wave, which will be wave 3 of 5. Are we entering a final push higher before a...
Hello Traders, The AUDUSD is currently trading on a key trendline support and a typical bull flag formation. The recent rally in the USD looks corrective in nature, therefore we are expecting further selling pressure coming into play against the USD in the near future. Any thoughts or comments are welcome below.
We could see an attempt to break above an ascending triangle from here which could result in an ABC movement towards $1500 as this looks like it could be somewhat of a Bull Flag.
This analysis is done purely on basis of price action and chart patterns Analysis is done on Daily TF hence it may take few days to few weeks for price to reach the given target Stock is at good consolidation phase and it can be accumulated with small SL (1085-1090 range). Stock is fundamentally strong. The sector is having good push by govt policies and LT...
GBPNZD after breaking above the weekly resistance reached the previous high at 1.92 level. From there the market started a retracement move into a bull flag and recently touch the 0.5 fib level. According to Plancton's strategy, if the conditions will be satisfied, we can set a nice long order. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure ->...
After our idea with amazing profit , $ZIL.X is creating a bullflag on daily chart. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily...
Looking at btc on the daily from pivot low to pivot high we are currently on the .5 fib as support. IF we see the channel of the bull flag we may see another leg down to the 6.18 level or bounce again off the .5 fib level and then head up.\ If we use the lentgh of the pole for approx next targets we are looking at approx 50k
After previous Idea the price had a rejection from daily and historical resistance, and the price is starting to create a bull flag. IF the price will have a breakout from it and flip the daily resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure...